JPEX blames partners for ‘maliciously’ freezing funds, causing liquidity crisis
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds, which led to the exchange being forced to hike withdrawal fees to battle a liquidity crisis.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Bitcoin hedge funds face a liquidation trap when their collateral is split across markets
Here's a hypothetical situation: a hedge fund is making money, but one of its exchanges is about to liquidate its position anyway....
Crypto Exchange Bybit Moves From Stock CFDs to Real US Shares
Bybit opened trading in more than 1,000 US-listed stocks and exchange-traded funds today (Monday), with purchases paid in the USDC...
South Korea blocks access to 27 unregistered overseas crypto exchanges
South Korea's crackdown on unregistered crypto exchanges highlights the growing global trend towards stricter regulatory oversight...
Moscow Exchange to Launch Bitcoin Trading, Testing Underway
Bitcoin Magazine Moscow Exchange to Launch Bitcoin Trading, Testing Underway The Moscow Exchange plans to let clients trade crypto...
Bitcoin balances on centralized exchanges climb by 11,593 BTC in three days
Centralized exchanges added 11,593 BTC in three days, lifting reserves to about 3.67 million BTC, though 30-day data still shows n...
Moscow Exchange opens Bitcoin spot trading to retail investors on December 1
MOEX's Bitcoin spot trading for retail investors may increase regulatory oversight and transparency but could limit broader crypto...